Vesuvius ( (GB:VSVS) ) has issued an announcement.
Vesuvius plc has executed a share buyback transaction, purchasing 192,802 of its ordinary shares at a volume-weighted average price of 400.1715 pence per share. This move is part of a larger share buyback program announced in November 2024, aiming to repurchase up to £50 million worth of shares, with the company having already acquired 11,166,573 shares for £45,819,009.82. The purchased shares will be canceled, reducing the total number of shares in circulation and potentially increasing the value of remaining shares, thereby impacting shareholder value and market perception.
More about Vesuvius
YTD Price Performance: -4.85%
Average Trading Volume: 632,547
Technical Sentiment Signal: Hold
Current Market Cap: £996M
Find detailed analytics on VSVS stock on TipRanks’ Stock Analysis page.